Economic Indicator Results and News .... Click for OneWall.com

Investors using OneWall.com know the highlights of the economic events released that day. During the day updates of indicators are posted including the text of the actual release. OneWall.com also provides an easy to use daily economic calendar.

Economic Results
U.S. Leading Economic Index declined by 0.4% in August 2023

09/21/23 10:00AM - The Conference Board Leading Economic Index® (LEI) for the U.S. declined by 0.4 percent in August 2023 to 105.4 (2016=100), following a decline of 0.3 percent in July. The LEI is down 3.8 percent over the six-month period between February and August 2023—little changed from its 3.9 percent contraction over the previous six months (August 2022 …more…

Existing-Home Sales retreated 0.7% in August 2023

09/21/23 10:00AM - Existing-home sales moved lower in August, according to the National Association of REALTORS®. Among the four major U.S. regions, sales improved in the Midwest, were unchanged in the Northeast, and slipped in the South and West. All four regions recorded year-over-year …more…

2Q2023 Current Account Deficit Decreased

09/21/23 08:30AM - The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, narrowed by $2.4 billion, or 1.1 percent, to $212.1 billion in the second quarter of 2023, according to statistics released today by the U.S. Bureau of Economic …more…

Philadelphia Fed Mfg Outlook Activity declined overall in September 2023

09/21/23 08:30AM - Manufacturing activity in the region declined overall, according to the firms responding to the September Manufacturing Business Outlook Survey. The survey's indicators for general activity, new orders, and shipments returned to negative territory after turning positive in August. On balance, the firms continued to report a decline in …more…

Weekly Initial Unemployment Claims decrease 20,000 to 201,000

09/21/23 08:30AM - In the week ending September 16, the advance figure for seasonally adjusted initial claims was 201,000, a decrease of
20,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 220,000 to
221,000. The 4-week moving average was 217,000, a decrease of 7,750 from the previous week's revised …more…

FOMC target funds rate maintained at 5.25% - 5.50%

09/20/23 02:00PM - Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have slowed in recent months but remain strong, and the unemployment rate has remained low. Inflation remains elevated.

The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are likely to weigh on economic activity, hiring, and inflation. The extent of these effects remains uncertain. The Committee remains highly attentive to inflation risks. …more…

Purchase Apps up, Refi's up in Latest MBA Weekly Survey

09/20/23 07:00AM - Mortgage applications increased 5.4 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 15, 2023. Last week’s results included an adjustment for the Labor …more…

August 2023 Housing Starts Decreased 11.3%, Permits up 6.9%

09/19/23 08:30AM - Building Permits
Privately‐owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,543,000. This is 6.9 percent above the revised July rate of 1,443,000, but is 2.7 percent below the August 2022 rate of 1,586,000. Single‐family authorizations in August were at a rate of 949,000; this is …more…

NAHB Builder Confidence fell 5 points to 45 in September 2023

09/18/23 10:00AM - Persistently high mortgage rates above 7% continue to erode builder confidence, as sentiment levels have dropped below the key break-even measure of 50 for the first time in five months.

Builder confidence in the market for newly built single-family homes in September fell five points to 45, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. This follows a six-point drop in August. …more…

University of Michigan Consumer Confidence Preliminary August 2023 Results down to 67.7

09/15/23 10:00AM - Consumer sentiment inched down a scant 1.8 index points this month and has been essentially flat for the past two months. At 67.7 points, sentiment is currently about 35% above the all-time historic low reached in June of 2022 but remains shy of the historical average reading of 86. Sentiment this month was characterized by divergent …more…